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Zimbabwe expecting to grow in 2009


Tendai Biti, Zimbabwe's Finance Minister said that monetary changes, foreign investments ang some  government actions, the country would expand 4 percent in 2009.


Tendai Biti, Zimbabwe's Finance Minister said that monetary changes, foreign investments ang some government actions, the country would expand 4 percent in 2009. Biti hailed government efforts to tackle hyperinflation, noting data showing a slight easing of prices, a result of the government's decision to allow the use of hard currency and abandon the Zimbabwean dollar.
He said the state of near-collapse of Zimbabwe's economy meant the global slowdown had to a large extent passed it by, but acknowledged that it would suffer the impact of falling trade flows as it sought to recover.


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